PPP Loan information for Gateway recycling inc

$197,040

Gateway recycling inc was initially approved for PPP Loan of amount $197,040, the current approved amount is $197,040. The loan was approved on 02/19/2021 by The Loan Source Incorporated reported 18 jobs and $197,040 was used to fund payroll.

Gateway recycling inc is Existing or more than 2 years old

GATEWAY RECYCLING INC

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

GATEWAY RECYCLING INC

Borrower Address

100 5th Ave SW

Borrower City

Taylorsville

Borrower State

NC

Borrower Zip

28681-3023

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197040.00

Current Approval Amount

197040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taylorsville

Project County Name

ALEXANDER

Project State

NC

Project Zip

28681-3023

CD

NC-10

Jobs Reported

18

NAICS Code

562920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

197038.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199123.77

Forgiveness Date

03/17/2022

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